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Rates and fees

Reverse Mortgage and Aged Care Loan Rates

Aged Care Loan Interest Rate (owner occupiers and investment loans)

Loans no longer available for new accounts

Variable Interest Rate

Comparison Rate1

7.80

% p.a.

8.01

% p.a.

Reverse Mortgage Interest Rate (owner occupiers and investment loans)

Loans no longer available for new accounts

Variable Interest Rate

Comparison Rate2

8.35

% p.a.

8.39

% p.a.

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Important Information

Information current as at 17 November 2023 and subject to change. Lending criteria, terms and conditions, fees and charges apply. Full details of Reverse Mortgage and Aged Care Loan Terms and Conditions are available by contacting IMB.

1. The comparison rate is based on a $150,000 secured loan for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

2. The comparison rate is based on a $150,000 secured loan for a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.